Propertymark backs housing secretary’s push to unfreeze LHA rates
Original Article Summary
Keeping LHA rates frozen widens the shortfall between housing support and real rents, says Propertymark
PropMatch Curated Analysis
Scottish housing secretary and Propertymark call for unfreezing Local Housing Allowance rates, warning that 87 of 90 Scottish LHA rates will fall below 30th percentile by 2026-27, affecting 45,000 households and creating affordability gaps between housing benefit and market rents.
Investor Relevance
LHA rates determine how many benefit-receiving tenants can afford market rents, directly affecting tenant pool size and rental income potential. Frozen rates create a growing gap with market rents, limiting landlord options and potentially forcing rent reductions or tenant selection changes to maintain occupancy.
Original Source:
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